The "fake air force engine" partially closed out its HYPE short positions with profit-taking, and simultaneously cut losses on its PUMP short positions with stop-loss orders.

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According to Mars Finance, on January 15th, Hyperinsight monitoring showed that the address associated with the "fake short seller" adjusted its two short positions in a short period: On HYPE, the address partially took profits, reducing its short position by 4,599.65 HYPE tokens, worth approximately $114,200. After this reduction, the total value of its HYPE short position remains high at $7,927,200, with a current floating profit of approximately $1,150,300. Simultaneously, the address reduced its losing short position on PUMP, reducing its short position by 39.31 million PUMP tokens, worth approximately $102,600. After this operation, the total value of its PUMP short position is $5,151,200, with a current floating loss of approximately $103,900.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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